Google announced on Wednesday that it had signed a five-year partnership agreement with AFP, which included payment for AFP news content. This is also the largest agreement reached by technology giants under the new French law. One of the licensing agreements.
Google declined to disclose the financial terms of the transaction but confirmed that the transaction will last for 5 years. The two companies said in a joint press release that they will also cooperate on verification and other projects. Agence France-Presse chief executive officer Fabrice Fries said in a statement: This agreement is a recognition of the value of news information.
It is reported that France has promulgated a new copyright law that requires news content published by large technology companies to obtain authorization from news publishers. Over the years, since advertising revenue has been flowing to online aggregation platforms such as Google and Facebook, news organizations have been dissatisfied with technology companies using news reports for free in search results or other functions.
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Driven by media lobbying and public pressure, new laws in France and Australia have given publishers greater rights, and have spawned a series of licensing agreements worth billions of dollars. Sébastien Missoffe, general manager of Google in France, said that the agreement also shows Google’s sincerity in “willing to work with publishers for mutual benefit and win-win results.
In addition, on the same day, News Corp held its annual shareholder meeting. Media mogul Rupert Murdoch again attacked Google and Facebook at the meeting, accusing them of harming the interests of news publishers, and calling for progress. Major reforms to improve the transparency of algorithms.